True Dividend yield




   THB/share 
 Price  5.15
 Dividend  0.07
 Earnings  0.44
 Cash-flow  1.14
 Book value  2.45
 Equity  2.53

True is part of Mobile Telecommunications business, which is part of Telecommunications industry. True is a company from Thailand, and his stocks are publicly traded.

True paid a total dividend of 2,334 million THB last year, for a market value of 171,722 millions (Market Cap 54,583 millions). Dividend per share of True is 0.07 THB, and his stock market price 5.15 THB.

According to the chart below, where dividend yield is displayed, True has a dividend yield of 1.36%, lower than the amount offered by both the market average and companies from Thailand. It is also lower than average of Telecommunications industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare True dividend yield with other Mobile Telecommunications companies or firms from Thailand.

Dividend yield of True

True Dividend Payout

About the ability of True to maintain his current dividend of THB 0.07 per share, an amount that accounts for 1.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). True payout on ernings is currently 15.91%, which is lower than the market average and companies of Telecommunications industry, which are 38.25% and 43.81% respectively. Both figures lead us to believe that there is confidence that Truecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of True is THB 1.14 per share, which is higher than the dividend per share paid by the company of THB 0.07, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of True, compared againt world market average, Thailand companies, Telecommunications industry and Mobile Telecommunications sector companies.

True payout

True Dividend History

Year Yield  THB  Paypout  Shares* 
Present1.36%0.0715.91%33,344
20211.46%0.0715.22%33,344
20202.62%0.0916.07%33,368
20191.96%0.0914.29%33,368
20180.60%0.036.00%33,368
20170.08%0.000.00%33,368
20160.07%0.012.86%33,369
20150.00%0.000.00%24,608

*In millions

True Stock performance

Finally, last moth True showed a return of 3.00% compared to a worldwide 1.12% average, and a 2.24% of Telecommunications firms. Over the last year, the company obtained a 51.50% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Thailand and Mobile Telecommunications firms.

True stock and market return